by evansfox | Feb 13, 2013
Start-ups seeking debt or equity financing will endure a due diligence process conducted by lenders and investors. Failure of the entire management team to be prepared and to have the same vision and supporting documents can stop a deal from moving forward. Having a...
by evansfox | Feb 9, 2013
One of the ways a winery or microbrewery can raise funding is through a private placement. This is where a private investor gives money to the business in exchange for an equity stake in the business. This is not debt financing because there is no obligation to make...
by evansfox | Feb 4, 2013
For many wineries and breweries, there is a desire to expand into the related business category to offer a more well-rounded product menu to customers and to use existing infrastructure to generate additional revenue sources. Did you know it is possible to alternate...
by evansfox | Jan 30, 2013
You’ve decided to buy a bar or restaurant. You’ve spent hours and hours putting together an excellent liquor license application packet (or even just a so-so one) and you are anxiously awaiting the news that will let you operate your business. Instead, you find out...
by evansfox | Jan 24, 2013
The IRS has 20 factors in its test to determine if a worker is an employee or independent contractor. IRS warns that not all factors are considered in each case or given equally weight. The analysis is performed on a case-by-case basis under the circumstances of each...
by evansfox | Jan 22, 2013
There are so many wine and beer festivals. Is it worth participating? How do you decide? Based on the experience of other wineries, we have some created a list of pro’s and con’s to participating in these events: Pro’s Con’s Get in front of a large targeted...